Portugal’s tourism revenues hit €25Bn in 2023

Portugal has closed 2023 with a record 77 million overnight stays and €25Bn in tourism revenues.

Writes Expresso, growth in overnight stays was up 10% and revenues up 37% on 2019, with a particular emphasis in Portugal’s interior regions and off-season tourism. Portugal’s secretary of State for Tourism, Nuno Fazenda says he is “confident in the department’s ambition to increase tourism in 2024”.
Among the reasons for the exponential growth in Portugal’s tourism sector (+37% on 2019) was the increased number of visitors from the US.
“We are talking of a record year, the best year ever in the history of tourism in Portugal” said Nuno Fazenda in his summing up of 2023, and this despite a backdrop of economic and geo-political uncertainties.
“We achieved records in various indicators” said the secretary of State on Thursday while launching this year’s Turismo de Portugal campaign, adding that last year Portugal received 30 million guests and exceeded 77 million overnight stays, a growth of 10% on 2019 in both cases. It was a growth that was seen all over the country throughout the year and not just at high season.

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